modern building against sky notable home sales in tampa bay

Notable Home Sales in Tampa Bay in July 2023

The Tampa Bay housing market remained strong in July 2023, with prices continuing to rise. Here are some of the most notable home sales that took place in the area:

  • A 5,800 square foot waterfront home in Davis Islands sold for $6.5 million
  • A 4,000 square foot home in Hyde Park sold for $3.2 million
  • A 3,500 square foot bungalow in Seminole Heights sold for $1.8 million link to
  • A 2,500 square foot condo in downtown Tampa sold for $1.5 million link to
  • A 1,800 square foot fixer-upper in Ybor City sold for $500,000 link to

These are just a few examples of the many notable home sales that took place in Tampa Bay in July 2023. The median home price in the area was $380,000, up 1.9% from June. The number of homes sold decreased by 7.8% from June. The average number of days a home was on the market was 49 days, up from 44 days in June. The percentage of homes sold over the asking price was 57%, up from 53% in June.

These trends suggest that the Tampa Bay housing market is still a seller’s market, but that there may be some signs of cooling. If you are planning to buy a home in the area, it is important to be prepared to act quickly and make an offer that is competitive.

Here are some tips for buying a home in a seller’s market:

  • Get pre-approved for a mortgage before you start looking at homes. This will show sellers that you are a serious buyer.
  • Be prepared to act quickly when you find a home you like. Make an offer as soon as possible and be willing to go over the asking price.
  • Be flexible with your buying timeline. If you can, be prepared to buy a home that needs some work.
  • Consider working with a real estate agent who specializes in seller’s markets. They will be able to help you find the right home and negotiate the best price.

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